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Grant of Options

20th Dec 2007 16:26

Alexander Mining PLC20 December 2007 Alexander Mining plc 20 December 2007 Granting of Options Alexander Mining plc ("Alexander", the "Company"), the AIM-listed copper, goldand silver mining company with projects in Argentina and Peru, today made thefollowing announcement. Following the appointment of Mr Martin Rosser as Chief Executive Officer, whichwas announced on 28th November 2007, the board has approved the granting of anoption over 500,000 Ordinary 10p Shares in the Company to Mr Rosser. The optionhas an eight year life, after a two year vesting period, and an exercise priceof 17.25p each share, which was the Company's closing mid-market share priceyesterday. Following the appointment of Mr Jorge Palmes as the Leon Project Manager, whichwas announced on 28th November 2007, the board has approved the granting of anoption over 200,000 Ordinary 10p Shares in the Company to Mr Palmes. The optionhas an eight year life, after a two year vesting period, and an exercise priceof 17.25p each share, which was the Company's closing mid-market share priceyesterday. For further information please contact: Martin RosserChief Executive OfficerAlexander Mining plc1st Floor35 PiccadillyLondon W1J 0DW Tel: +44 (0) 20 7292 1300Fax: +44 (0) 20 7292 1313Email: [email protected]: www.alexandermining.com Nominated Advisor and BrokerAlasdair Younie/John PriorArbuthnot Securities LimitedArbuthnot House20 Ropemaker StreetLondon EC2Y 9AR Tel: +44 (0) 20 7012 2000 Public/Media RelationsTim BlackstoneBritton Financial PR62 Britton StreetLondon EC1M 5UY Tel: +44 (0) 20 7251 2544Mobile: +44 (0) 7957 140 416 This information is provided by RNS The company news service from the London Stock Exchange

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